News

Office & mixed-use development

Britons to turn Warsaw tenement into office space

schedule 15 July 2014
Tomasz Szpyt-Grzegórski

POLAND London-based real estate investor Amhola is renovating a tenement block it bought at the end of last year in central Warsaw.

Office & mixed-use development

Moscow Lotus office complex to open in Q4

schedule 15 July 2014
Rafał Ostrowski
journalist

RUSSIA Russian developer MR Group is to open the Lotus business centre in Moscow in Q4 2014.

Retail & leisure

Carrefour to open two hypermarkets in Wielkopolska

schedule 15 July 2014
Aneta Cichla

POLAND Carrefour Polska has signed lease contracts for space in two shopping centres in Wielkopolska province.

Szczecin retail market in H1 2014

schedule 15 July 2014
Aneta Cichla

POLAND Szczecin has the smallest retail market among the eight Polish conurbations, according to Colliers International.

Retail & leisure

Rank Progress to build Galeria Kołobrzeg

schedule 15 July 2014
Aneta Cichla

POLAND Rank Progress has commissioned Egis Poland to prepare the design of Galeria Kołobrzeg – a new project by the Legnica-based developer.

Office & mixed-use development

Work Service in Plac Unii

schedule 15 July 2014
Aneta Cichla

POLAND Employment services firm Work Service has leased 2,100 sqm in Plac Unii in Warsaw.

Residential

Hubertus the sixth

schedule 15 July 2014
Tomasz Szpyt-Grzegórski

POLAND Eco-Classic has started the construction of the sixth stage of the Hubertus estate in Warsaw’s Służewiec district.

Investment & finance

Marvipol splits into two

schedule 15 July 2014
Tomasz Szpyt-Grzegórski

POLAND Development and automotive group Marvipol is planning to split into two separate entities.

UAE investor acquires InterContinental hotel

schedule 14 July 2014

HUNGARY Dubai-based developer Al Habtoor Group has acquired InterContinental Budapest, the company informed.

CA Immo sells off stake in UBM

schedule 14 July 2014

CEE REGION Austrian real estate investor CA Immo is selling its 25 pct stake in the Austrian development company UBM to Porr AG to strenghten its focus on the core business, the company informed.

Moscow sees record shopping centre completions

schedule 14 July 2014
Rafał Ostrowski
journalist

RUSSIA In the first half of the year, 242,000 sqm of new completions recorded on Moscow’s retail market, the highest result since 2009, according to research by JLL.

Retail & leisure

Łacina becomes Posnania

schedule 14 July 2014
Aneta Cichla

POLAND Apsys Polska and Foncière Uris have started the construction of a new shopping centre in Poznań. The mall, formerly known as Łacina, will now be named Posnania.

Retail & leisure

Work starts on Dekada Malbork

schedule 14 July 2014
Tomasz Szpyt-Grzegórski

POLAND Construction work on Dekada Malbork is to start before the end of July.

Investment & finance

Offices of former ‘Rzeczpospolita’ publisher up for sale

schedule 14 July 2014
Tomasz Szpyt-Grzegórski

POLAND State-owned company Przedsiębiorstwo Wydawnicze Rzeczpospolita (PWR) has put up for sale the plot that includes a tenement building where its office is located.

Residential

Rezydencja Konstancińska to be built in Sadyba

schedule 14 July 2014
Tomasz Szpyt-Grzegórski

POLAND Construction work on the Rezydencja Konstancińska apartment building, which is to be built on ul. Konstancińska in Warsaw’s Sadyba district, is to start in July.

Property and Facility Management

KSO to manage Szczecin sports hall

schedule 14 July 2014
Aneta Cichla

POLAND KSO, which is owned by VES (part of the TRIAS group), has been awarded a three-year contract for the management of a newly-built sports and entertainment hall in Szczecin.

Gant can’t even afford to be bankrupt

schedule 14 July 2014
Tomasz Szpyt-Grzegórski

POLAND The Wrocław bankruptcy court has dismissed Gant Development’s case for bankruptcy open to arrangements.

Hotels

Marriott to open two first hotels in Sarajevo

schedule 14 July 2014
Agata Kłapeć

BOSNIA AND HERZEGOVINA Marriott will open its first Courtyard hotel in Bosnia and Herzegovina next year. The 130-room facility is scheduled to open in mid-2015 in Sarajevo. This will be Marriott International’s second venture in the country after it launches its Residence Inn Sarajevo in early 2015.

Russian real estate investment hit USD 1.4 bln in H1

schedule 14 July 2014
Rafał Ostrowski
journalist

RUSSIA In the first half of the year, the Russian real estate investment volumes have amounted to USD 1.4 bln, a 59 pct y-o-y drop, according to a study conducted by JLL.

Office & mixed-use development

MSD to take up 90 pct of Riverview

schedule 14 July 2014
Rafał Ostrowski
journalist

CZECH REPUBLIC American pharmaceutical company MSD has leased 6,200 sqm in the Riverview office building being developed by Skanska Property in Smíchov in Prague 5.

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